Late Superannuation – Don’t Make This Mistake
Bob gets a huge shock !!! His bookkeeper who organises superannuation payments for him and his employees paid his employees superannuation late. His accountant picks this up and tells bob…
Company vs Trust for Holding Property – Is it Clear Cut ?
We discussed whether Bob should hold an investment property in a company or a trust.Trust, trust, trust yells all the accountants.Companies don't get the discount you fool.Agreed. And sometimes that…
Expats and Capital Gains Tax
Ran a modelling scenario for an expat on a property that was their main residence. The results shocked them. "So you are telling me that if I sell the property…
FBT and Workhorse Vehicles
Bob has employees who have "workhorse vehicles" It might be prudent for Bob's company to have those employees complete a declaration. Not perfect but a decent risk mitigation strategy. And…
Property Tax Council Proposal to Boost the Construction Industry
The Property Tax Council has put forward a proposal to the Government to assist with boosting the property industry following the impacts of COVID-19 on the Australian Economy